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Top three business benefits of remote work

With enterprise solutions from such providers, employees can form teams within these tools, work together on documents, hold free video meetings, and regularly collaborate despite physical distance. This also enables us at Valamis to further encourage a culture of learning at our company — we can quickly share information and have multiple options for social collaboration. Some businesses have the ability to recruit individuals from anywhere in the world, opening up their doors to a far larger pool of talent to choose from.

  • This proactivity will not only help you eliminate talent crunch but also give your employees reasons to sing praises about you.
  • Some industries and job roles simply wouldn’t work being carried out from home, such as some services, or labour intensive manual work.
  • It’s time for employers and employees alike to embrace the new world of work and to consider the benefits of working remotely.
  • A couple of years back, in-office perks were all the rage – the company with the best perks attracted the best talent.
  • Since embracing remote working, Groove’s founder Alex Turnbullhas seen numerous positive changes for both business and employees.

This can be put down to employee autonomy, as well as individuals using their time more efficiently – e.g. focusing on their own work while at home, and using their time in the office to collaborate and brainstorm. If businesses are going to work flexibly, they don’t need to pay for a desk for every employee. It makes more sense to introduce agile working, and only take a desk for some staff (40% – 70%). This requires organisation on the part of the employer or workspace provider but can be seriously cost-saving – and especially important in the current environment. Workplaces need to maintain certain standards by law – from equipment and desk furniture to office temperature. Another benefit of having a physical office, which ties into company culture, is that it ensures everyone has equal working conditions. When people are working from home this is not always the case and you are generally expected to manage this yourself.

Book traversal links for Advantages and disadvantages of employees working at home

With modern VPN access, encryption technologies and protected cloud servers, a physical presence is no longer mandatory in most cases. When this work lifestyle shifts with remote work, it gives us back a sense of control and increases the joy of living. Remote work can be the difference in working to live as opposed to living to work.

how remote work can benefit employees and companies

We’ve talked previously about how slow internet speeds are costing UK businesses thousands every year in lost productivity. However, even if you already have access to a superfast broadband connection and your employees are given the tools needed to complete tasks effectively, there are other ways you can boost productivity even further. If your team is firing on all cylinders, they’ll produce the best work of their lives. If you have the benefit of working from home, you can also reduce costs on childcare. Whether your children are school age or younger, the fact you can take the commute out of the equation could mean you save money on breakfast or dinner club for your children, childminding or nursery costs.

Benefits of flexible working (including for parents)

Apart from being a slick sounding buzzword, the Hybrid Workplace is a business model that’s geared towards the need for increased flexibility in modern business. It’s by no means a new concept; however, it has become increasingly relevant as more and more businesses plan their post-pandemic way of working. Through gaining a better reputation as a flexible employer, SMEs are more likely to retain talented staff.

How do you encourage employees to be flexible?

  1. Talk about it.
  2. Offer it to everyone.
  3. Advertise the company's flexible work policy.
  4. Normalize flexible schedules.
  5. Get management on board.
  6. Celebrate flex success.
  7. Have your company function as a R.O.W.E.

So, it is going to get harder for recruiters to find the right employees for on-site positions from a smaller candidate pool. Here are the most compelling positives you can see by enabling virtual employment. Sphoorti Bhandare has 10 years of experience writing about HR and technology. If you’re a remote work newbie or looking to find remote work there are ways you can get ready. By exploring these career paths and honing these skills you’ll put yourself in the best position for the remote working revolution. Telecommuting means not having to commute in cars, buses and trains, which greatly reduces greenhouse gas emissions.

Difficulty monitoring performance

Your company can give voice to such talented individuals with virtual employment. If you’re not a good communicator or you regularly procrastinate, remote working might not be for you. Petrol, car maintenance, benefits of working remotely parking fees, a professional wardrobe, public transport, lunches bought out, coffee meetings and child care all add up. Eliminating this from your daily work life can save you thousands each year.

Let’s answer that question with some of the more commonly-cited reasons hybrid work has become a leading trend over the last year. If you are considering implementing a hybrid work style and are asking yourself these questions, then you’ve come to the right place. In this post we will break down everything about hybrid work to help you make the right decision for your company. Melissa Carroll is the Marketing Coordinator of Valamis’ North America operations, located in Boston, Massachusetts. She has worked in marketing in multiple industries, including, finance, fashion and technology. Melissa joined Valamis in 2021, focusing on expanding Valamis’ global outreach.

Looking towards the future: Your guide to retaining your top talent in 2022

With a partial or full remote workforce, you drastically bring down your costs. IBM, for example, saved more than $50 million in real estate expenses due to virtual work arrangements.

  • But in 2020, many organisations have been forced to work in a more flexible, or ‘agile’ way – not just with where they work, but how they work too.
  • Coworking gives employees a chance to connect with others, including other colleagues.
  • Over 67% of all global respondents believe digital learning and development can help minimise the effects of shocks and stresses of future events.
  • Each employee has their document storage capability but can also access the shared areas of their teams at any time.

According to Forbes, 50 per cent of the workforce in the U.S. will soon be remote; across the pond, Europe’s remote workers have grown from 7.7 per cent to 9.8 per cent in the last decade. Providing employees with the flexibility to work where and when they want cuts across all industries and company sizes. In fact, many of today’s top companies offer full, half or partial remote work. Working remotely doesn’t always mean ‘from home’, either; it can apply whenever an employee works off-site – whether that’s at a coffee shop or a flexible workspace.

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